2DΒ·

Lululemon

🚨 $LULU (-6%) Q2

β€’ EPS $3.10 > est. $2.86 βœ…

β€’ Revenue $2.53B < est. $2.54B ❌

β€’ 2nd guidance cut in 3 months:

– Revenue $10.85–11B (from $11.15–11.3B)

– EPS $12.77–12.97 (from $14.58–14.78)

β€’ Americas comps -4% ⚠️

β€’ China +17%, RoW +12% 🌍

Stock -18% premarket (~$169).

Analysts: β€œIt’s going to get worse

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